Economists Cut China Growth Forecasts for 2023, 2024

Economists Cut China Growth Forecasts for 2023, 2024

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Business

University

Hard

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The video discusses China's GDP growth forecasts for 2024 and 2025, highlighting concerns as growth dips below 5%. Inflation is weaker than expected, with CPI at 0.9% year-over-year. The Chinese government is not expected to implement significant stimulus measures, despite weaker economic data. A survey of economists shows mixed opinions on the impact of President Biden's trips to China on easing tensions.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the medium-term lending facility rate change according to the expectations?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the sentiment regarding President Biden's trips to China according to the economists surveyed?

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